118, GREAT PRESTON ROAD, RYDE, PO33 1BA - £226,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

118 GREAT PRESTON ROAD is a midsized extended semi-detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £337,662. It was last sold for £226,500 in November 2015, which was around 18% above the average November 2015 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

118 GREAT PRESTON ROAD Sold Prices

Land registry data shows three sales for 118 GREAT PRESTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 118 GREAT PRESTON ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 20 NOV	£226,500	£191,289	18% above HPI
2013 25 JUL	£225,000	£173,605	30% above HPI
1999 21 OCT	£77,000	£66,650	16% above HPI

118 GREAT PRESTON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 118 GREAT PRESTON ROAD sales between October 1999 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2013 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 118 GREAT PRESTON ROAD be worth now?

118 GREAT PRESTON ROAD might now be worth an estimated £337,662.

This is based on house price inflation of 49.1%, between November 2015 and February 2025, for semi-detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.1% inflationary increase is applied to the most recent sale price for 118 GREAT PRESTON ROAD of £226,500 on 20th November 2015. For the value to have increased from £226,500 to £337,662 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 118 GREAT PRESTON ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The November 2015 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 118 GREAT PRESTON ROAD has not materially changed since November 2015.

How Large is 118 GREAT PRESTON ROAD?

118 GREAT PRESTON ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of semi-detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ryde, and where 118 GREAT PRESTON ROAD lies on this distribution: 58% of semi-detached houses houses are smaller than 118 GREAT PRESTON ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Ryde.

118 GREAT PRESTON ROAD: Plot and Title Map

118 GREAT PRESTON ROAD sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 118 GREAT PRESTON ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 118 GREAT PRESTON ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 118 GREAT PRESTON ROAD?

118 GREAT PRESTON ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 118 on GREAT PRESTON ROAD.